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Spds have marched wider wings still........>

US SWAPS
US SWAPS: Spds have marched wider wings still outpacing intermediates by midday
on rather decent flow on the day. flow over the last couple hours include nearly
$1B nominal payer in 2s around 2.879-.88%, payer in 10s at 3.01575%, steepeners
in 2s5s and 5s10s, mixed fly action: 2s8s9s receiving belly, 3s4s5s paying bell.
Earlier flow included $300M payer 1s (2.6689%), receiver 2s (2.8775%), 2s10s and
5s7s flatteners, 2s3s steepener, 2s5s7s fly/receiving belly. Latest spd levels:
* 2Y  +0.69/19.94
* 5Y  +0.12/12.00
* 10Y +0.69/5.62
* 30Y +1.38/-5.62

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